After death of a person, the administrator and executor of a deceased person should deal with their property and money. They have to pay debts and taxes of a dead person. The executor...
We have to first better understand what Savings Bonds is by further explaining its definition before we proceed to the complicated part. Savings bonds are securities coming from the...
If your small business involves manufacturing, sales tax can be a challenging part of your tax liabilities. After all, you may not be providing a service, but typically you are also...
When it comes to handling sales tax, small businesses need to be sure that their collection is for the right amount based on the transactions that your business has processed. Yet...
The following items are not included in income of taxpayer for a taxation year:
Amounts declared to be exempt by legislation of the Parliament of Canada (s. 81(1)(a))
Amounts received...